MicroStrategy Incorporated (NASDAQ:MSTR) Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group increased its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 9.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,491 shares of the software maker’s stock after acquiring an additional 1,030 shares during the period. Schroder Investment Management Group’s holdings in MicroStrategy were worth $3,784,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MSTR. National Bank of Canada FI raised its stake in shares of MicroStrategy by 746.2% during the 3rd quarter. National Bank of Canada FI now owns 20,647 shares of the software maker’s stock worth $3,481,000 after buying an additional 18,207 shares during the period. Proficio Capital Partners LLC acquired a new position in MicroStrategy during the fourth quarter worth $81,783,000. Clarity Capital Partners LLC lifted its holdings in MicroStrategy by 122.3% during the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker’s stock valued at $7,274,000 after purchasing an additional 13,817 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of MicroStrategy in the third quarter valued at about $254,000. Finally, Wellington Management Group LLP increased its stake in shares of MicroStrategy by 979.8% during the third quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker’s stock worth $1,134,000 after purchasing an additional 6,104 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

MicroStrategy Trading Up 4.0 %

Shares of MicroStrategy stock opened at $293.61 on Friday. The stock has a 50 day moving average of $305.50 and a 200 day moving average of $300.59. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The firm has a market capitalization of $75.56 billion, a price-to-earnings ratio of -52.12 and a beta of 3.36. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Insider Activity

In other news, EVP Wei-Ming Shao bought 500 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were bought at an average price of $85.00 per share, with a total value of $42,500.00. Following the completion of the transaction, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Phong Le purchased 6,000 shares of the stock in a transaction dated Thursday, March 20th. The shares were purchased at an average price of $85.00 per share, with a total value of $510,000.00. Following the completion of the transaction, the chief executive officer now owns 6,000 shares of the company’s stock, valued at approximately $510,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. Insiders own 9.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MSTR. Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target on the stock. Monness Crespi & Hardt lowered MicroStrategy from a “neutral” rating to a “sell” rating and set a $220.00 price target on the stock. in a research note on Tuesday, April 1st. Benchmark reissued a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Mizuho began coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price on the stock. Finally, Canaccord Genuity Group reduced their target price on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $508.09.

MicroStrategy Company Profile

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.